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Transaction of goods and services would be taxed simultaneously under CGST and SGST

  • The Central GST and the State GST would be levied simultaneously on every transaction of supply of goods and services made by registered persons except the exempted goods and services, goods and services which are outside the purview of GST.
  • Further, both would be levied on the same price or value unlike State VAT which is levied on the value of the goods inclusive of CENVAT.
  • While the location of the supplier and the recipient within the country is immaterial for the purpose of CGST, SGST would be chargeable only when the supplier and the recipient are both located within the State.

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